Equity - Reserve for Unexpected

It doesn't say: Heating 8000€ but rather there is a price for each individual item. For example, 60m copper pipe at 3.50€ each. Our cost list has over 6 pages with all possible items in detail.

Did you receive that in service phase 3? The standard is not so detailed in this phase and usually is to be compensated separately. If that is already included, you have a very good architect...

Hello everyone,
I'll chime in briefly here and need to ask again about the additional costs. I am now very familiar with the calculation from Bauexperte and have included this item in our financing costs. However, my advisor told me that some of these costs should already be covered with a "fully developed" plot because the work has already been done by the municipality and is therefore included in the €/sqm price. We want to build in Niedersachsen.
Can someone maybe say something about this?

Regards and many thanks!!

Hello everyone,
I’m jumping in here briefly and need to ask again about the additional costs. I am now very familiar with Bauexperte’s calculation and have included this item in our financing costs. However, my advisor told me that some of these costs should already be covered for a “fully developed” plot because the work has already been done by the municipality and is therefore included in the €/sqm price. We want to build in Lower Saxony.
Can someone maybe say something about this?

Best regards and many thanks!!

What specific costs does your advisor think these are?

I also do not see which costs in epis list can be associated with development. They are all related to the house or property. Development costs would still be added there. We also bought a fully developed property and still almost all costs apply to us. For example, we do not pay any brokerage fees. All in all, the list is really very good.

"fully developed" means: located on the property. Nevertheless, the utility providers want to have their connection paid for, and that is solely the responsibility of the builder! What kind of consultant is that? Insurance? Bank?

Hello,

I'll quickly jump in here and need to ask again about the additional costs. I am now very familiar with the calculation from Bauexperte and have included this item in our financing costs. However, my advisor told me that some of these costs should already be covered for a "fully developed" plot because the work has already been done by the municipality and is thus included in the €/sqm price. We want to build in Lower Saxony.
Can someone here perhaps comment on this?

Regardless of whether I posted the list online - your "advisor" should go back to school...

First of all, the term "fully developed" is not reliably documented anywhere; unfortunately, but that is simply the case. In fact, it is generally accepted that "fully developed" or just "developed" means nothing other than that the utility lines are located at - or in rare exceptions - near the property boundary within the plot. This simply means that you have relatively "short" distances to bridge to the house connection room of your new building. For this, I list the approximate costs under item 3 => Construction preparation (provision of connections); they vary regionally - like all cost indications; therefore, they are only approximations.

I also, God knows, make no claim to completeness - how could I? The construction descriptions (BB) of the providers and their scope of services differ too much. For example: item 3 actually lacks the note about the costs of site setup. The vast majority of providers cover this item through their BB, but there are still providers who pass on the organization and the costs on top to the home builder.

However, this by no means applies nationwide to internal development or even the house connections. These are generally - exceptions are pure developer measures (purchase of a condominium or single-family house after completion including plot or share) - to be considered as incidental construction costs for the builder in his financing needs. I would like to understand how your "advisor" comes to want to convince you that these costs are covered by the land purchase.

My recommendation to you is therefore to keep these costs in your budget. If they are due - which I mostly assume, you will not stumble; if you do not need them or need less, you have leeway for one or the other extra or can make a special repayment of your loan (of course depends on your loan agreement). Either way, you are on the safe side with this approach.

What you and every other user should consider, however, is that I drew up this list for my area - NRW - according to current knowledge and continuously update it (e.g. issue of land transfer tax or notary costs). In Lower Saxony, a smaller amount may appear bottom right at the end of the day; with a user from Bavaria, not infrequently a significantly higher amount.

Rhineland regards